The Public Economy in Crisis A Call for a New Public Economics /

• Main Author: Sekera, June A. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2016.
• Series: SpringerBriefs in Economics,
• Subjects: Economic theory.; Welfare economics.; Public finance.; Economics.; Public Economics.; Social Choice/Welfare Economics/Public Choice.; Economic Theory/Quantitative Economics/Mathematical Methods.

This Brief proposes a new theory of public economics which deemphasizes reliance on the free market and affirms the importance of public goods and services within the context of the democratic process and constitutional governance. Public non-market production makes up from a quarter to more than ha...

Table of Contents:

• 1. “Government is broken”: the collapse of the public governing capacity
• 2. Case examples: how market-centric economics has despoiled government
• 3. A failed private to public transplant: the New Public Management
• 4. Why the transplant doesn’t work
• 5. An absence of theory
• 6. The public nonmarket: elements of a new theory
• 7. Developing an intellectual infrastructure
• Appendices
• 1. Case examples in detail
• 2. Would-be replacements for New Public Management.